Cancellations of GOs in Norway in January 2018

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The supply of Norwegian Guarantees of Origin (GOs), and especially hydro-GOs, has always been very high, and e.g. accounted for almost 30% of the total supply of renewable GOs in the AIB in 2016. On the other hand, demand has been less prominent and was around 24% of the Norwegian supply for 2014-2016. In 2017 we saw a jump to 29%, and this trend seems to continue into 2018.

By looking at the January numbers for ...